HZR 0.00% 34.5¢ hazer group limited

Hysata claims improved electrolyzer efficiency, and is getting...

  1. 8,932 Posts.
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    Hysata claims improved electrolyzer efficiency, and is getting some serious private capital thrown at it.

    " Hysata has closed the largest Series B in Australian clean tech history, announcing an $111m USD investment round with strong backing from existing major strategic and financial global investors. This is a significant milestone that demonstrates global recognition for Hysata’s game changing high efficiency electrolyser (41.5 kwh/kg incl BoP) with intrinsically low capex and a capital efficient path to mass manufacturing."

    Still relatively inefficient, but rightly or wrongly government and private sector funding is expressing a belief that it will continue to get more efficient.
    In Australia we have relatively expensive gas and although the labor government just backflipped on their gas policy, they did so apologetically. Ultimately they still want to see it phased out imo. That doesnt help the sentiment towards Hazer's tech imo.
    That was a good announcement yesterday. Didnt move the needle on the sp. Why ?



 
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